MANNA
MANNA is a Washington, D.C. nonprofit founded in 1982 that develops and preserves affordable homeownership and rental housing while providing HUD-certified housing counseling, homebuyer education, and down payment assistance to low- and moderate-income households across DC and Maryland.
- Company typePrivate
- Founded1982
- HeadquartersWashington, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What MANNA does
MANNA is a Washington, D.C.-based 501(c)(3) nonprofit founded in 1982 that operates as a hybrid affordable housing developer and HUD-approved housing counseling agency. The organization develops and preserves affordable for-sale housing (single-family homes, townhomes, condominiums) and affordable rental housing through new construction, TOPA (Tenant Opportunity to Purchase Act) acquisitions, and historic preservation. Its active pipeline includes notable projects such as S St Village (90 mixed-use units), H.R. Crawford Gardens (76 units), Hanover Court (76 rental units), Tivoli Gardens (49 units), Whitelaw Hotel Apartments (35 historic units), and the Athena/Brightwood Portfolio (62 units).
The Home Ownership Center (HOC) is MANNA's second core division, delivering HUD-certified housing counseling, an 8-hour homebuyer education curriculum offered in English and Spanish, micro-lending and credit-building loan products, and application assistance for DC down payment assistance programs (HPAP, EAHP, NEAHP). The organization has developed over 1,900 affordable housing units and assisted over 10,000 clients since 1982, with average homeowners accumulating over $160,000 in equity.
MANNA's business model is built on three revenue streams: government grants and public financing through DHCD, DCHFA, HUD, and federal tax credit programs (LIHTC, Historic Tax Credits, New Market Tax Credits); philanthropic donations from individuals, corporations, and foundations; and nominal program service fees for HUD counseling. Distribution is via four physical offices across DC and Prince George's County, MD plus hybrid virtual delivery. Key strategic partners include NeighborWorks America, NCRC, LISC, Enterprise Community Partners, Wells Fargo, Amazon, Truist, and Geico. Leadership is headed by President & CEO Sasha-Gaye Angus, who joined in October 2020 from McCormack Baron Salazar.
MANNA firmographics
Firmographics- Name
- MANNA
- Legal name
- Manna, Inc.
- Website
- https://mannahomes.org
- Company type
- Private
- Founded year
- 1982
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- MANNA is a Washington, D.C. nonprofit founded in 1982 that develops and preserves affordable homeownership and rental housing while providing HUD-certified housing counseling, homebuyer education, and down payment assistance to low- and moderate-income households across DC and Maryland.
- Ownership category
- akta.pro rank
MANNA industry classification
Industry- Product category
- Affordable Housing Development
- NAICS
- Lessors of Residential Buildings and Dwellings (53111)
- SIC
- Real Estate Agents & Managers (For Others) (6531), Land Subdividers & Developers (No Cemeteries) (6552)
- akta.pro primary industry
- Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC)
- akta.pro secondary industries
- Affordable & Public Housing Asset Management (BPAJAMAI), Affordable Housing & First-Time Buyer Brokerage (BPAJAAAD), Affordable & Subsidized Housing Property Management (LIHTC, Section 8) (BPAJAFAD), Down Payment Assistance (DPA) & Homebuyer Subsidy Programs (FSALAKAE), Public & Affordable Housing Programs (Subsidies, Vouchers, Public Housing) (BPAIANAA), Residential Affordable Housing Development & Construction (IMAFABAI)
Keywords
Where MANNA is headquartered
LocationHeadquarters
- HQ city
- Washington
- HQ country
- United States
- HQ region
- North America
Offices4 records
Markets served
MANNA business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D
Revenue model
- Government Grants & Public Financing: MANNA utilizes various government financing vehicles including Low Income Housing Tax Credits (LIHTC), Historic Tax Credits, New Market Tax Credits, and tax-exempt bond financing. The organization also receives funding through DHCD and other public sources.
- Donations & Philanthropy: The organization accepts charitable donations from individuals, corporations, and foundations. Donations are facilitated through their website portal, donor-advised funds, stock gifts, and the Combined Federal Campaign (CFC #80363).
- Program Service Fees: HUD-approved housing counseling services are provided free or at low-cost. A nominal one-time processing fee may be charged upon joining the Home Ownership Center.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free/Low-Cost Housing Counseling Services |
Go-to-market motion1 record
Distribution channels5 records
Marketing channels6 records
MANNA product offering
Product offeringCore offering
MANNA develops affordable for-sale and rental housing through new construction, preservation, and historic rehabilitation in Washington DC and Maryland, and operates a HUD-approved Home Ownership Center providing free or low-cost homebuyer education, one-on-one counseling, micro-lending, and assistance applying for down payment and closing cost assistance programs. The organization's offerings are targeted to low- and moderate-income households seeking pathways to sustainable homeownership.
Product overview
MANNA is a nonprofit affordable housing developer and HUD-approved housing counseling agency in Washington DC. The organization operates two core divisions: (1) Real Estate Development, which develops affordable homeownership projects (single-family homes, townhomes, condominiums) and multifamily/rental housing through new construction and preservation; and (2) the Home Ownership Center (HOC), which provides HUD-certified housing counseling, homebuyer education, and down payment assistance program application support. Key development projects include Oramenta Gardens, Pohlman Towns, Syphax Townhomes, S St Village, H.R. Crawford Gardens, Hanover Court, Tivoli Gardens, and the Whitelaw Hotel. The organization has developed over 1,900 affordable housing units since 1982.
Differentiator
Problem solved
Functional benefit
Products and services
- Affordable Homeownership Development Development of affordable for-sale housing including single-family homes, townhomes, and condominiums for low- to moderate-income buyers in Washington DC.
- Multifamily & Rental Housing Preservation Development and preservation of affordable rental housing units through new construction and TOPA (Tenant Opportunity to Purchase Act) acquisitions in Washington DC.
- Home Ownership Center (HOC) HUD-approved housing counseling center providing free or low-cost homebuyer education, credit counseling, mortgage readiness preparation, and down payment assistance program application assistance for low- and moderate-income households.
- Down Payment & Closing Cost Assistance Programs Assistance programs including HPAP (Housing Purchase Assistance Program), EAHP, and NEAHP providing interest-free loans and closing cost assistance to qualified DC applicants through the Home Ownership Center.
- Homebuyer Education Classes 8-hour HUD-approved homebuyer education following a national standardized curriculum, offered in English and Spanish through group classes and individual counseling.
- Micro-Lending Programs Credit-building loan offerings and micro-lending programs designed to help underserved community members build credit and access homeownership.
- HOA & Condo Association Management Stewardship services training homeowners about HOA elections, governance, financial controls, and vendor services for homeowner and condo associations formed by MANNA buyers.
Companies that use MANNA
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
MANNA technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
MANNA partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- NeighborWorks AmericacoreNational nonprofit housing network providing training, resources, and organizational support. MANNA is a NeighborWorks network partner with staff participating in symposiums and professional development programs.
- NCRC (National Community Reinvestment Coalition)coreAdvocacy organization focused on community reinvestment. Partner logo displayed on MANNA's partners page.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
MANNA competitors and assessment
Company assessmentBroad incumbents
- Enterprise Community Partners: National CDFI and affordable housing developer providing financing and expertise. Listed as a core financial partner to MANNA, and operates as a scaled national peer across affordable for-sale and rental development.
- Local Initiatives Support Corporation (LISC): National CDFI providing grants, loans, and capacity-building to community developers including MANNA. Comparable as a funder/incumbent in the DC affordable housing ecosystem, with much broader geographic scope and capital base.
- BRIDGE Housing: West Coast-based nonprofit affordable housing developer with integrated development and property management. Comparable mission and integrated development-counseling model, though operating in a different geography.
- Mercy Housing: Large national nonprofit affordable housing developer combining development, property management, and resident services. Comparable integrated service model and LIHTC-driven development approach.
Direct peers
- Preservation of Affordable Housing (POAH): National nonprofit focused on preserving and operating affordable rental housing. Comparable in the multifamily preservation niche and in managing mixed-income properties, though at much greater geographic scale.
- National Housing Trust: Nonprofit affordable rental housing developer and preservationist operating in the DC region. Directly comparable in mission focus on preserving affordable rental housing through acquisition and TOPA-style programs.
- The NHP Foundation: Nonprofit affordable housing developer and owner of mixed-income multifamily properties. Comparable in developing and preserving affordable and mixed-income rental housing through LIHTC and similar financing vehicles.
- Habitat for Humanity of Washington DC: Direct nonprofit peer developing affordable for-sale housing and providing homebuyer education in DC. Comparable in scale and mission to MANNA, also serving low-and moderate-income first-time buyers with similar HUD-aligned programs.
Regional players
- Mi Casa Inc. Washington DC-area nonprofit providing housing counseling, education, and homebuyer assistance to Hispanic and underserved populations. Comparable in HUD-certified counseling services and DC focus, though with a narrower demographic specialization.
Others
- NCRC (National Community Reinvestment Coalition): DC-based advocacy and research organization focused on fair housing, community reinvestment, and combating lending discrimination. Listed as a core partner of MANNA and operates in the same DC housing ecosystem.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
MANNA social profiles
Digital presenceMANNA compliance and trust
Trust signalCompliance3 records
MANNA financial estimates
Financial estimateRevenue estimate
Valuation estimate
MANNA leadership team
Management profileNumber of profiles
Profiles10 records
MANNA funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
MANNA M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about MANNA
What does MANNA do?
MANNA develops affordable for-sale and rental housing through new construction, preservation, and historic rehabilitation in Washington DC and Maryland, and operates a HUD-approved Home Ownership Center providing free or low-cost homebuyer education, one-on-one counseling, micro-lending, and assistance applying for down payment and closing cost assistance programs. The organization's offerings are targeted to low- and moderate-income households seeking pathways to sustainable homeownership.
Is MANNA a public or private company?
MANNA is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was MANNA founded?
MANNA was founded in 1982. It employs 11 to 50 people.
Where is MANNA based?
MANNA is headquartered in Washington, United States, in the North America region.
How does MANNA make money?
Three revenue lines are on record. Government Grants & Public Financing is the primary driver. The others are donations & Philanthropy and program Service Fees.
Who are MANNA's main competitors?
Broad incumbents on record are Enterprise Community Partners, Local Initiatives Support Corporation (LISC), BRIDGE Housing and Mercy Housing. Direct peers are Preservation of Affordable Housing (POAH), National Housing Trust, The NHP Foundation and Habitat for Humanity of Washington DC. Mi Casa Inc. is listed as a regional player. NCRC (National Community Reinvestment Coalition) is listed as an others.
Does MANNA have an API?
No public API is recorded for MANNA.
What industry is MANNA in?
MANNA's product category is Affordable Housing Development. Its primary akta.pro industry code is BPAGALAC, Affordable Housing & Community Development (Housing, Community Land Trusts), with a secondary code of BPAJAMAI, Affordable & Public Housing Asset Management. Its NAICS code is 53111 and its SIC code is 6531.